Nice

📢📢 The NBU has once again reminded about the status of cryptocurrency in Ukraine, what does this really mean for the market? This moment passed by most, but it struck me that the National Bank of Ukraine confirmed a position that many already knew but preferred not to notice.
Cryptocurrency is not a legal means of payment in Ukraine. Initially, this seemed like a trifle.
And here it is important not to fall into extremes.
🔹 This is not a ban on cryptocurrency
🔹 This is not a step back for Web3
🔹 And definitely not a signal to 'exit the market'
In fact, the NBU has once again set legal boundaries. And there is much that is unclear to me🤔
Crypto is an asset, not a hryvnia. It cannot be officially used to pay for goods and services, but ownership, trading, and use in an investment context remain a reality.
What does this mean for the average user?
👉 Payments in crypto = risk from a legal standpoint
👉 P2P, trading, DeFi, the user's responsibility zone
👉 Businesses should be especially cautious with crypto payments
My conclusion is simple
The state is trying to control the framework, not kill the market. This is a typical position of the regulator at a stage when the rules are still being written, not completed.#crypto $ETH
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